Multibagger PG Electroplast share price surges 5% as Q2 results beat estimates. Should you buy?
Multibagger stock: PG Electroplast share price climbed almost 5% after the company reported strong Q2 results. Brokerage Nuvama Institutional Equities noted in its report that the Electronic Manufacturing Services and Plastic Molding company achieved an impressive Q2FY25, with revenues rising 46% year-on-year to ₹671.30 crore, driven by robust growth in the product sector (RACs increased by 211% YoY), surpassing forecasts by 10%.
As per the brokerage report, EBITDA increased by 50% year-over-year, reaching ₹56.4 crore, while adjusted PAT rose by 56% year-over-year to ₹19.3 crore, highlighting PG Electroplast’s operational robustness and market resilience exceeding expectations. Importantly, management has elevated their revenue…
